Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, April 28, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises e.l.f. Beauty, Inc. ("e.l.f. Beauty" or the "Company") (NYSE: ELF) investors of a class action representing investors that bought securities between November 1, 2023 and November 19, 2024, inclusive (the "Class Period"). e.l.f. Beauty investors have until May 5, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The Complaint alleges that the Company misrepresented information to the market through false and misleading statements. To uphold investor confidence, e.l.f. Beauty artificially inflated its revenue and other financial metrics over several quarters. Additionally, the Company experienced increasing inventory levels but falsely attributed this rise to changes in sourcing. As a result, the Company’s public disclosures were materially false and misleading throughout the class period. When the truth about e.l.f. Beauty was revealed, investors incurred significant losses.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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